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This WeekSeptember 27, 2026· 11 articles, page 1 of 2

Absa, UNDP, UNCDF to Invest $2.1 Billion into Kenya Cold Storage Firms
Weekly Digest

Absa, UNDP, UNCDF to Invest $2.1 Billion into Kenya Cold Storage Firms

Absa Bank Kenya, the United Nations Capital Development Fund and the United Nations Development Programme have agreed to a financing arrangement aimed at expanding solar-powered cold storage in Kenya, seeking to address an estimated $2.1 billion infrastructure gap. The portfolio guarantee from UNCDF

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The Trajectory Africa Distilled #07: The Asset Intensity Question in Digital Commerce
Weekly Digest

The Trajectory Africa Distilled #07: The Asset Intensity Question in Digital Commerce

The market needs African B2B e-commerce to be asset-heavy, but the venture money was raised for asset-light.

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South Africa’s Mission Mobile Gets $30.8 Million to Expand Smartphone Financing
Weekly Digest

South Africa’s Mission Mobile Gets $30.8 Million to Expand Smartphone Financing

South African fintech Mission Mobile has secured as much as 500 million rand ($30.8 million) from investment firm DN Invest as it seeks to expand smartphone financing and deepen its partnerships with mobile network operators. The Johannesburg-based company said DNI’s investment will help accelerate

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Paymob Raises $35 Million as Egypt Fintech Expands Across Gulf
Weekly Digest

Paymob Raises $35 Million as Egypt Fintech Expands Across Gulf

Paymob, the Egypt-founded payments infrastructure company, raised $35 million in a pre-Series C funding round co-led by Abu Dhabi sovereign investor Mubadala Investment Company and the European Bank for Reconstruction and Development, as the fintech expands its business across the Middle East and No

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Absa Bank Kenya Launches Neo-Bank Absa Next
Weekly Digest

Absa Bank Kenya Launches Neo-Bank Absa Next

Absa Bank Kenya has launched Absa Next, a neo-banking platform aimed at a new generation of consumers and entrepreneurs, as the lender accelerates its shift toward digital banking and seeks to move beyond traditional banking models. Absa Next brings everyday banking, savings, investments, credit and

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Kenya Signs AI Cooperation Deal with Anthropic
Weekly Digest

Kenya Signs AI Cooperation Deal with Anthropic

Kenya has signed a cooperation agreement with U.S. artificial intelligence company Anthropic covering AI skills, research, public-sector applications and safety as the East African country seeks to build local capacity in the rapidly developing technology. The Joint Declaration was signed in New Yor

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CEO Weekends: Rhea Raises $100,000 to Take Its Soil-Intelligence Tech Across East Africa
Weekly Digest

CEO Weekends: Rhea Raises $100,000 to Take Its Soil-Intelligence Tech Across East Africa

Kenyan agritech startup Rhea Soil Health Management is taking a fresh $100,000 investment into an expansion strategy that could take its soil-intelligence technology from Kenyan farms into other agricultural markets across East Africa. Founded in 2022 by Priscilla Wakarera and Soinato Leboo, Rhea ha

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Larry Yon: Why Africa’s tech ecosystem should be building the next NVIDIA
Weekly Digest

Larry Yon: Why Africa’s tech ecosystem should be building the next NVIDIA

From a failed venture in South Africa to co-founding an AI cybersecurity powerhouse, CyberAlliance president Larry Yon II sits down with PHATHISANI MOYO for Coffee With… to explain why digital trust and diaspora capital are key to unlocking Africa’s true tech potential. The first time Larry Yon II f

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Yango’s 2026 Pan-African fellowship puts local talent behind local problems
Weekly Digest

Yango’s 2026 Pan-African fellowship puts local talent behind local problems

The company selected 24 fellows from more than 600 applicants across Côte d'Ivoire, Ghana, Zambia, Senegal, Ethiopia, and Mozambique.

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Trump’s H-1B crackdown: For African tech talent, the road to America is getting narrower
Weekly Digest

Trump’s H-1B crackdown: For African tech talent, the road to America is getting narrower

The H-1B crackdown was expected to redirect foreign workers to other US visa routes. Instead, visa issuances have fallen across major categories, with Africa and Nigeria among the hardest hit.

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From Last WeekSeptember 20, 2026

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SA’s HisWay Labs secures funding to help rebuild rail reliability
Weekly Digest

SA’s HisWay Labs secures funding to help rebuild rail reliability

The Cape Town-based HisWay Labs, the company behind TrackView rail-integrity monitoring system, has secured funding from technology investment and product development firm Octoco Group as it prepares for international expansion. Founded in 2018, HisWay Labs designed TrackView from the ground up for

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The Trajectory Africa Distilled #07: The Asset Intensity Question in Digital Commerce
Weekly Digest

The Trajectory Africa Distilled #07: The Asset Intensity Question in Digital Commerce

The market needs African B2B e-commerce to be asset-heavy, but the venture money was raised for asset-light.

Read more →
Absa, UNDP, UNCDF to Invest $2.1 Billion into Kenya Cold Storage Firms
Weekly Digest

Absa, UNDP, UNCDF to Invest $2.1 Billion into Kenya Cold Storage Firms

Absa Bank Kenya, the United Nations Capital Development Fund and the United Nations Development Programme have agreed to a financing arrangement aimed at expanding solar-powered cold storage in Kenya, seeking to address an estimated $2.1 billion infrastructure gap. The portfolio guarantee from UNCDF

Read more →
City Distro Wants to Digitise Africa’s FMCG Distribution
Weekly Digest

City Distro Wants to Digitise Africa’s FMCG Distribution

City Distro, a Nigerian startup, wants to digitise the distribution of fast-moving consumer goods, starting with a network covering seven Nigerian hubs and targeting expansion across Africa. The company connects manufacturers with retailers through a platform that combines inventory data, logistics

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Paymob Raises $35 Million as Egypt Fintech Expands Across Gulf
Weekly Digest

Paymob Raises $35 Million as Egypt Fintech Expands Across Gulf

Paymob, the Egypt-founded payments infrastructure company, raised $35 million in a pre-Series C funding round co-led by Abu Dhabi sovereign investor Mubadala Investment Company and the European Bank for Reconstruction and Development, as the fintech expands its business across the Middle East and No

Read more →